Funding you earn now, next payment 10:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.010%
Price spread now: Paradex against Extended−0.033%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.033% cheaper against Extended than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.6 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPX500m-USD | 7,765.4 | 0.0008 | pay 0.0001% / 1h | 9m 36s | $3.2M | $10.0M | 25x |
| Short | Paradex US500-USD-PERP | 7,762.9 | 0.0050 | get 0.0050% / 8h | 6h 09m | $43K | — | 5x |
Extended SPX500m-USD
Paradex US500-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.82
- Price spread: −0.033% → 0.000%
- −$3.27
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$3.45
- Costs to cover
- 0.090%
- Break-even
- 9.7 days
Slippage unknown: Extended: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 2 min ago | 0.97 bp | 6.0 bp −$6 | 8.8 bp −$88 | 21.4 bp −$2,137 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SP500 on 18 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SP500-USD | −0.0069% | 1h | 7,761 | −0.057% | $9.3M | $5.3M | 50x | as long as short |
| QFEX US500-USD | −0.0052% | 1h | 7,763.6 | −0.023% | $9.9M | $3.3M | 30x | as long as short |
| OKX US500-USDT-SWAP | 0.0000% | 8h | 7,762 | −0.044% | $137K | $235K | 20x | as long as short |
| Bitget SP500USDT | 0.0000% | 8h | 7,765.5 | +0.001% | $7.2M | $536K | 50x | as long as short |
| Variational Omni US500 | 0.0000% | 8h | 7,739.4 | −0.335% | $17.5M | $6.7M | — | as long as short |
| Bullet US500-USD | 0.0000% | 1h | 7,762.4 | −0.038% | $13K | $104K | 10x | as long as short |
| Extended SPX500m-USDlong | +0.0008% | 1h | 7,765.4 | long leg | $3.2M | $10.0M | 25x | |
| Lighter US500 | +0.0024% | 1h | 7,761.6 | −0.049% | $2.0M | $29.2M | 50x | as long as short |
| tradeXYZ xyz:SP500 | +0.0027% | 1h | 7,763 | −0.031% | $424.2M | $235.6M | 50x | as long as short |
| Injective US500/USDC PERP | +0.0033% | 1h | 7,658 | −1.383% | $7K | $101 | 52x | as long as short |
Polymarket Perps SP500-USD
QFEX US500-USD
OKX US500-USDT-SWAP
Bitget SP500USDT
Variational Omni US500
Bullet US500-USD
Lighter US500
tradeXYZ xyz:SP500
Injective US500/USDC PERPShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Markets by Kinetiq mkts:US500 | +0.0046% | 1h | 7,734.8 | −0.394% | $1.5M | $8.1M | 25x | as long as short |
| Vest SPX-USD-PERP | +0.0046% | 1h | 7,830.5 | +0.838% | — | $4.3M | 50x | as long as short |
| Popdex US500USDT | +0.0048% | 1h | 7,765.6 | +0.003% | $624K | $508K | 20x | as long as short |
| Paradex US500-USD-PERPshort | +0.0050% | 8h | 7,762.9 | −0.033% | $43K | — | 5x | |
| SoDEX US500-USD | +0.0050% | 1h | 7,762.3 | −0.040% | $1.4M | $191K | 20x | as long as short |
| Ondo Perps US500-USD.P | +0.0050% | 1h | 7,762.4 | −0.039% | $9.5M | $8.6M | 25x | as long as short |
| Pacifica SP500 | +0.0100% | 1h | 7,765.2 | −0.003% | $259K | $174K | 20x | as long as short |
| Aftermath Perps US500USD | +0.0353% | 1h | 7,760.8 | −0.059% | $585 | $29K | 10x | as long as short |
Markets by Kinetiq mkts:US500
Vest SPX-USD-PERP
Popdex US500USDT
SoDEX US500-USD
Ondo Perps US500-USD.P
Pacifica SP500
Aftermath Perps US500USD